Alliance Global Partners has recently initiated 22nd Century Group Inc (XXII) stock to Buy rating, as announced on July 21, 2022, according to Finviz. Earlier, on June 15, 2022, Craig Hallum had initiated the stock to Buy, setting a price target of $5. ROTH Capital also initiated Buy rating with a price target of $6. Additionally, Cowen initiated Outperform rating on July 23, 2021, with a target price of $5. Chardan Capital Markets analysts, in their report published on October 16, 2017, also reiterated Buy rating and set a price target of $3.50 for 22nd Century Group Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
22nd Century Group Inc (XXII) Stock Trading Recap
On Tuesday, 22nd Century Group Inc (XXII) stock saw a decline, ending the day at $0.09 which represents a decrease of $-0.01 or -10.00% from the prior close of $0.1. The stock opened at $0.1 and touched a low of $0.09 during the day, reaching a high of $0.1. The volume of shares traded was 4.52 million falling short of the average volume of 9.04 million.
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XXII Stock Performance and Moving Averages
In recent trading, 22nd Century Group Inc (XXII) stock price has shown some volatility, fluctuating 1.33% over the last five trades and -8.42% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -89.12%, and it has plunged by -67.91% in the previous three months. Currently, XXII is trading at -9.07%, -31.12%, and -90.27% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, XXII, a Consumer Defensive sector stock, is trading -97.88% below its 52-week high but remains 11.46% above its 52-week low. The Average True Range (ATR) (14 days) of 0.01 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
22nd Century Group Inc’s Profitability and Valuation Ratios
22nd Century Group Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of -151.62% and a profit margin of -204.60%, with a gross margin of -89.12%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, 22nd Century Group Inc’s market capitalization stands at $4.24 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. Additionally, the Price-to-Sales Ratio is 0.15, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.77, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.00% of 22nd Century Group Inc (XXII)’s shares, while financial institutions hold 9.78%.
